80 new apartments available in North Dublin for 29% below the market rent

9 December 2024 – Clúid Housing, Ireland’s leading AHB, is opening applications for 80 new Cost Rental homes at Parkside, Belmayne, Dublin 13.

Applications for new Cost Rental homes at Parkside, Belmayne, Dublin 13 open at 9am on Wednesday 11 December and will close at 5pm on Wednesday 8 January. Interested applicants will be able to register their interest for one of the 80 brand new, A-rated apartments. Rent for each of the 31 one-bed apartments is €1,320 per month and rent for the 49 two-bed apartments is €1,641 per month, a saving of 29% on the market rent for a similar apartment in the area. In addition to the low cost to run these brand-new homes, new Cost Rental residents will also benefit from secure, life-long tenancies and high-quality, responsive management and maintenance.

The homes are part of the Parkside development in the vibrant North Dublin suburb of Belmayne. Parkside is close to many retail, hospitality and health and wellbeing amenities, including the Clarehall shopping centre and the Northern Cross development. Those who enjoy spending time outside will appreciate the nearby Fr Collins Park and the numerous beaches just a short drive away. The homes benefit from excellent transport links, with several Dublin Bus routes running through the area, and Clongriffin Station serviced by both DART and commuter trains. The development is close to major road networks and Dublin Airport.

The area has a range of childcare and education facilities, including St Francis of Assisi Primary School and Educate Together National and Secondary Schools.

These new Cost Rental homes were delivered by Clúid in partnership with Fingal County Council, and with the support of the Department of Housing, Local Government and Heritage, The Housing Agency and the Housing Finance Agency. They were developed by Cairn Homes.

Those interested in renting one of these homes can find more information and start the application process on www.cluid.ie.

Brian O’Gorman, Chief Executive Officer, Clúid Housing, commented: “Having access to a stable, secure, long-term home is vital for a solid foundation in life. This is why Clúid is proud that 80 more individuals and families will be able to benefit from a high-quality, secure home, at rents at least 25% below the market rate. These new homes at Parkside, Belmayne, bring to 430 the number of new Cost Rental homes Clúid has delivered in 2024. We know there is demand for a secure, fair rental offering, so we are committed to delivering even more Cost Rental homes in 2025 and beyond.

“We acknowledge that there are a lot of demands on people at this time of year so we’re extending the application deadline into January. This should give people time to register for the homes, as well as gather the necessary documentation. We look forward to handing over the keys to these beautiful new homes in early 2025.”

Visitors to the Clúid website can also register to be notified about upcoming Cost Rental homes in their area. Clúid manages over 600 Cost Rental homes in Kildare, Dublin, Cork, Kilkenny, Meath and Laois and is expecting to deliver even more Cost Rental homes in 2025.

ENDS

Notes to the Editor:

Fiona O’Connor – Communications & Engagement Manager – Clúid Housing
+353 87 113 5411 – foconnor@cluid.ie

What is Cost Rental Housing?
Cost Rental is a new, secure form of rental housing tenure in Ireland, designed for people whose income means they don’t qualify for social housing or other support, such as HAP, but who still struggle to rent on the open market. All Cost Rental homes have their rents set at a minimum level of 25% below the local market rents. The rents in Cost Rental homes are set to cover the cost of construction, maintenance, and operation of the development, ensuring long-term affordability for residents.

To be eligible to rent one of these new Cost Rental homes, applicants must be able to prove:
• Their net household income is below €66,000 (€59,000 for homes outside Dublin) per year
• They are not receiving any social housing supports, such as HAP or Rent Supplement
• They can afford the rent
• They don’t own a property
• The household is the correct size for the home
• All members of the household are resident in Ireland at the time of application

About Clúid Housing
Clúid Housing is an independent, not-for-profit housing association, and is one of the largest approved housing bodies (AHBs) in Ireland. Established in 1994, Clúid leads the way in providing high quality, affordable rented homes to people in housing need. We work in partnership with local authorities to provide housing to those on social housing waiting lists.

Clúid owns and manages over 12,000 properties providing a home to more than 30,000 people.

Clúid delivered 1,085 new homes in 2023 and is on-track to deliver 1,200 new social and Cost Rental homes in 2024.

Clúid currently manages more than 600 Cost Rental homes across Ireland, with more scheduled for delivery in 2025.

Our team of 300 highly qualified professional employees are committed to providing quality housing and services that enable people to create homes and thriving communities.

Clúid’s annual report for 2023 – Partnering for Progress – is available at cluid.ie/annual-report/

For more information visit www.cluid.ie